SpaceX Goes Public, Valued at $1.8 Trillion on AI Promise; What's Next?

SpaceX became a publicly traded company on Friday, nearly 25 years after its founding, listing on the NASDAQ at $135 per share and achieving a valuation of approximately $1.8 trillion. The stock closed at $160.95, a 19% gain on its first day. Founder Elon Musk's stake pushed his paper wealth past $1 trillion, making him the world's first trillionaire, while thousands of current and former employees became millionaires through the company's stock option plan.